Bloomberg L.P. Reviews in Washington, DC

Updated May 5, 2014
Updated May 5, 2014
1,161 Reviews
3.4
1,161 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
645 Ratings

Review Highlights

Pros
  • When free food is the bigger pro you can think of, there isn't much to like about (in 157 reviews)

  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 52 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 31 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 71 reviews)

More Highlights

6 Employee Reviews Back to all reviews

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  1.  

    Great company - frustrating management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  Washington, DC
    Former Employee - Associate in Washington, DC

    I worked at Bloomberg L.P. full-time for more than 3 years

    Pros

    Office culture, solid base pay,

    Cons

    Metrics aren't realistic at times, numerous leadership changes in the non-core businesses resulted in a lack of direction and overall poor performance of said business units. Even if you don't work for one of these units it will directly impact your bonus.. So it matters!

    Advice to ManagementAdvice

    Put leaders with a strong Bloomberg background in charge of the various business units. DC needs help!

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    They give a lot and they expect a lot

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager  in  Washington, DC
    Current Employee - Project Manager in Washington, DC

    I have been working at Bloomberg L.P. full-time for more than 10 years

    Pros

    Pay is good
    Free food in every building
    Some very sharp people work there

    Cons

    Corporate culture does not seem to promote cross-departmental communication
    Open seating (no offices/cubicles) not for everyone
    They confuse "agility" with "lack of structure"
    Everything needed "right away" without much planning

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer  in  Washington, DC
    Current Employee - Senior Software Engineer in Washington, DC

    I have been working at Bloomberg L.P. full-time for more than 3 years

    Pros

    Nice environment and smart people to work with

    Cons

    Some team uses very old technology

    Advice to ManagementAdvice

    Develop young leaders for the future

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Not a place to build a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Reporter  in  Washington, DC
    Current Employee - Reporter in Washington, DC

    I have been working at Bloomberg L.P. full-time for more than 10 years

    Pros

    Access to the top executives at public companies, working with top notch people, competitive salary

    Cons

    This isn't one of those work as a team, feel good companies. Employees are worked to exhaustion, under demanding and often unkind circumstances. After the employee is burned out they either leave to save themselves or management boots them out. Bloomberg has been called an electronic sweatshop. That is accurate. Favorites are well taken care of. Everyone else is expendable. Very strict writing style. Totally editor driven organization. Reporters have little say.

    Advice to ManagementAdvice

    A little kindness would boost morale.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Best thing that ever happened to me.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Field Service Engineer/Tech  in  Washington, DC
    Current Employee - Field Service Engineer/Tech in Washington, DC

    I have been working at Bloomberg L.P. full-time for more than 10 years

    Pros

    This is a Great company that is well poised be a big player in the Marketplace for a very long time. They offer great benefits and they do take care of their valued employees. This is a very dynamic, never a dull moment, environment. Once your in, there are abundant opportunities for movement within the company, both locally and internationally.

    Cons

    It used to be a lot more tight knit, when I first started, 15+ years ago. This is an unfortunate byproduct of maximum growth over the years. Personally I think it was a fair trade to give up some of the closeness of days, past. Fortunately, the closeness comes from your work group now.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    I've had a great experience working at Bloomberg and have learned a lot.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at Bloomberg L.P.

    Pros

    Excellent benefits and excellent opportunities for taking classes to further your skills.

    Cons

    Micromanagement. Cameras watching your every move. Culture of distrust. Upper management tells you they want transparency but the managers tell you to "keep your mouth shut". They judge you by how many hours you are at the office and not by how efficient you are, how much work you get done or the quality of the work.

    Advice to ManagementAdvice

    Be more open minded about new ways of doing things.

    Recommends
    No opinion of CEO

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